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Business Growth - Rate Control For Maximum Success
By Joshua Feinberg
Business growth is something we all want. During startup, however, you have to balance your growth rate with your ability to keep on top of the launch. You don't want to get overextended because that will cause you to cut corners and your future success may suffer.
Controlling the rate of growth is difficult to do especially if you are moonlighting. In this situation you have so many more balls to juggle because you have work issues to deal with as well as issues. The key to effective growth control is excellent organization and planning.
Micro manage for Business Growth Control
During your startup it is more important than ever that you micro plan your major projects. If you sell a 10 node network you will probably quote it by the number of hours for server installation, cabling infrastructure, taking care of the ISP and the telephone company, and taking care of the desktop. To control growth you need to take this type of calculation to the next level and develop a detailed hourly spreadsheet to account for your hours
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each week:
-Put your total hours and tasks required into a spreadsheet
-Break down each of the tasks week by week
-Estimate the number of hours you will need for each item during the week
-Add in some cushion time to deal with unanticipated issues
-Add general administrative tasks, work and family responsibilities, and leisure time requirements into the spreadsheet as well
This type of planning exercise will help you control your growth because it will be easier to see if you are overextending yourself. An overextended person is a stressed person and a stressed person is not an effective manager or service provider.
The Bottom Line on Business Growth
To control growth the best thing you can do is to make sure you have a handle on everything you are working on. Break large projects down into smaller pieces. Fit your projects into the other responsibilities your have whether those are work or family related. Take a look at your weekly responsibilities and ensure you are not spreading yourself too thin in any one area. This micro management approach will ensure your growth rate does not spiral beyond your ability to keep up.
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Joshua Feinberg of Computer Consulting 101 helps you get more steady, high-paying clients. Sign-up now for your free access to these field-tested, proven business strategies on the Computer Consulting 101 Blog
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